# The Electricity Capacity (No. 1) Regulations 2019, Regulation 31: Capacity agreements: modifications


Regulation 30 (capacity agreements) of the Principal Regulations applies as if—
(a) after paragraph (1) there were inserted—
“(1A) A “conditional capacity agreement” comprises the rights and obligations accruing to a capacity provider under or by virtue of capacity regulations and capacity market rules in relation to a particular capacity committed CMU and the delivery year commencing on 1st October 2019, which have accrued through or in relation to the conditional agreement auction.”;
(b) in paragraph (2)—
(i) after “distinct”, there were inserted “conditional”;
(ii) for “a capacity auction”, there were substituted “the conditional agreement auction”; and
(iii) in sub-paragraph (b), the words after “held” were omitted;
(c) after paragraph (2), there were inserted—
“(2A) If the T-1 capacity agreement trigger event occurs, each conditional capacity agreement becomes a capacity agreement for the same delivery year, capacity obligation, and capacity cleared price.
(2B) A conditional capacity agreement becomes a capacity agreement under paragraph (2A) on the later of—
(a) the date on which the T-1 capacity agreement trigger event occurs; or
(b) the date on which the conditional capacity agreement accrues to a successful bidder.”;
(d) in paragraph (5), after “A” there were inserted “conditional capacity agreement or”; and
(e) in paragraph (6), after “a”, in the second place it occurs, there were inserted “conditional capacity agreement or”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111182437/regulation/31 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-no-1-regulations-2019/regulation-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

